15 Steps To Business Success

March 11, 2014

Want to learn how to head down the road to success with higher profits, more satisfied employees and happier clients? Take a look at our 14 tips to business success.

Plan: The first step in finding business success is clearly defining your professional objectives, your mission statement, your value propositions and how you’re going to achieve them. What is the plan you have in place to reach your goals?

Care: Care about your business, your work, your clients and your professional reputation. Be passionate about your company’s mission. Care about the satisfaction levels of your employees. Support improvement and reward success. Caring about your work and your business is contagious, and it should start with you.

Be knowledgeable: Who is your target audience? What do your customers want from companies in your industry? What are your competitors’ strategies? What are the opinions of your employees and clients about your business? From your company to your employees, to your clients, to your products and services, know the ins and outs. The more feedback you receive, the more you can direct and understand.

Focus on work environment: Executive Suites at Lakewood Ranch is your top Bradenton/Lakewood Ranch/Sarasota provider of executive suites for a reason—we know the importance of a professional, healthy and positive work environment and how it encourages success!

Care about image and location: In the world of business, first impressions go an awful long way, especially if you are an unknown trying to get business from a prospect that has been in business for a while. Executive Suites at Lakewood Ranch knows that your company deserves the finest. Our building is in a prestigious Lakewood Ranch location that creates a professional, active and high-status image for you.

Delegate: Teamwork is key! Learn the skillsets of your employees and delegate tasks accordingly. Delegating gives you more time to run your business and focus on your core competencies, while giving others further opportunities to invest themselves in your company. If you don’t have employees then delegate your tasks to the friendly and professional administrative staff at Executive Suites at Lakewood Ranch. We work really hard to make you look really good.

Reputation: A company that truly desires success will seek more than profits. Keep the needs of your customers in mind! Satisfied customers equal repeat customers, and research shows that repeat customers are likely to spend 67 percent more than new customers. Not only that, it is much cheaper to retain than to recruit, so make it a point to not only attract clients, but to keep them coming back for more.

Keep it simple: The best problem solvers are ones that not only find an effective solution, but also the most efficient, simple and sustainable answer. Take care of business while steering clear from overly complex solutions.

Be flexible: Every company knows that no matter how carefully you plan there is always the possibility that something happens or a decision is made that changes the game. As long as your company’s operations have room for flexibility and your employees have open minds, several doors to opportunity and success will remain open even if one closes.

Keep accurate records: While the task can be tedious, keeping detailed records of all business activity can be invaluable. Costs can be reduced and controlled, audits can be made easier, and time can be spent more efficiently. Gathering, and most importantly, analyzing the metrics of how your business spends time and money can help you trim the fat and quickly reach your goals.

Differentiate: In other words, free yourself from your competitors! Discover what it is about your business that makes it exceptional. While your company may have similar services and products as others in your industry, identify the part of your business that is unique and makes it stand out from the rest. Use this to show your clients how working with you will be a professional and refreshing experience.

Maintain quality: While saving time and money is crucial for any business, don’t forget the necessity of high quality. Whether in customer service, products or services, quality is the foundation of success.

Plan for growth: With success comes development and growth, so plan for it! Executive Suites at Lakewood Ranch offers flexible workspace solutions that provide offices for one to many people, with the option of moving into larger executive office suites in the same location to meet the needs of your growing business.

Have fun: Most importantly, enjoy your work! Keep you and your employees from burning out by maintaining the passion and drive for success. Cultivate a supportive, healthy work environment that will make your employees proud to work for you and your clients happy to work with you.

What does success mean to you? Here at Executive Suites at Lakewood Ranch, the provider of high quality executive suites in the Bradenton/Lakewood Ranch/ Sarasota area, we know what businesses need to make their visions of success a reality. We have worked closely with a large number of different companies and organizations to learn what it takes to make it in business and have fashioned our suites and the corporate culture to nurture your success.

Oh, and the fifteenth step for business success? It is to locate your business at Executive Suites at Lakewood Ranch. Stop in and see why.